Exide

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History

        In 31st January 1947 Chloride International LTD, set up the battery company under the name of Exide batteries. The headquarters located in Kolkata, India. Subir Charabory is the CEO of the company.


Initially, they start the company with lead acid battery. Now, it is the leading lead acid manufacture in India and holds 4th largest battery manufacture in the world. Exide battery and Exide life insurance are the 2 subsidiary of the companies. But, in January 2022 HDFC acquisition the complete stake of the company. 

Product


        The company produce Automotive, Solar, Industrial battery like Genset , Consumer use battery like Inventor and UPS battery  and submarine batteries, with the capacity of 2.5Ah to 20,600Ah battery.

Consumers

        Maruti Suzuki, Hyundai, Fiat, Ford, Skoda, Honda, Toyota, TATA, Mahindra, Chevrolet, Audi, BMW, Volvo and other automobile companies. It is the only company produce submarine battery in India.

Location


        It have manufacturing plants in India and Sri Lanka, with the dealership network in 46 countries around 5 continents. The Exports countries are North and South America, Africa, Indonesia, Thailand, Singapore, Hong-Kong, China, Canada, Nepal, Bhutan,  Saudi Arabia, Malaysia, Australia etc...   
        
Upgrade

        They currently enter into lithium ion battery with the investment of  6000 crore in Karnataka to set up a new plant for producing 120GW hour lithium-Ion cells. This battery are more efficient and have more life span with less weight. So, this battery are uses for sports cars and bikes.

Balance Sheet

        The market capital is 18,250 crore. The total Asset of the company is 17,250 crore. The revenue come from institutional 30% and non institutional 70% .It 93% revenue from India and Sri-Lankan and 7% from other countries.

Competitors

        Amaraja , Havells India,  HBL power system and Eveready are the top competitor of the company
 
Advantage


        Promoters maintain the share holding from 2014 by 45.99% Foreign investors and mutual fund increase their holding from 2021. It also pay constant Dividend payout by 20%. The company is totally Debt free. It also move to next generation technology. This may indicate the company have, future Growth.


   
Location: India

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